Property profile

/A Parsons, KS 67357

OFF-MARKET
Commercial real estate
7.88 ac lot
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Property summary

AI-generated overview

This exceptional 7.88-acre commercial property in Parsons, Kansas, presents a unique investment opportunity. Located at 0 Tolen Creek Sub N/a, the land is zoned C-3, opening doors to a wide range of commercial ventures. The property is subject to certain development stipulations. Specifically, JOBS, Inc. maintains final control over exterior design aspects of any improvements made to the property. A reversionary clause is in place, dictating a specific timeframe for construction commencement. This clause ensures timely development and protects the property's value. Prospective buyers should be aware of and prepared to adhere to these conditions. A significant advantage is the availability of city sewer services, eliminating the need for costly private sewer system installation. This ready access to infrastructure simplifies development and reduces upfront costs. The asking price for this prime commercial parcel is $100,000. Given its size, zoning, and access to utilities, this property represents a compelling investment opportunity for developers and entrepreneurs seeking a strategic location in Parsons, Kansas. Serious inquiries are encouraged to explore the potential of this exceptional commercial land.

Property profile

Verified
Property type Commercial real estate
Lot 7.88 ac (343,253 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

/A Parsons, KS 67357
Parsons metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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